The impact of the war in Ukraine is likely to continue to affect marine lines next year, says chief executive
Next year will potentially see the hard market in marine lines persist as the impact of the war in Ukraine continues to be felt.
This was according to Andrew Yeoman, chief executive of Concirrus. Speaking exclusively to Insurance Times, Yeoman explained: “We enter 2023 going through one of the most difficult reinsurance renewal seasons, with the days of wide coverage and cheap capital firmly behind us.”
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